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Brizo FoodMetrics Unveils Price Shock & Tariff Simulator to Help Navigate Foodservice Industry Volatility
Brizo FoodMetrics Unveils Price Shock & Tariff Simulator to Help Navigate Foodservice Industry Volatility

Associated Press

time18-03-2025

  • Business
  • Associated Press

Brizo FoodMetrics Unveils Price Shock & Tariff Simulator to Help Navigate Foodservice Industry Volatility

QUEBEC CITY, March 18, 2025 /PRNewswire/ - In response to escalating trade wars and rising food costs, Brizo FoodMetrics has launched its Price Shock & Tariff Simulator: a first-of-its-kind tool designed to help foodservice suppliers, operators, and analysts forecast and mitigate financial risks. As businesses and consumers brace for the impact of tariffs, turbulent policy shifts and unstable supply chains are creating ongoing uncertainty. The food and beverage industry is especially vulnerable, with billions of dollars in commodities at risk. From unpredictable tariffs to surging egg prices, businesses are left struggling to keep up with daily changes, assess their financial exposure, and plan ahead. Developed using Brizo FoodMetrics' extensive market data, the interactive Price Shock & Tariff Simulator enables users to model how menu prices and profitability might be impacted by various price shocks, such as tariffs, ingredient shortages, minimum wage increases, and inflation. The simulator's strength lies in its flexibility — it can be tailored to different markets and enriched with additional Brizo FoodMetrics insights, including demographic, geographic, and historical pricing data. Businesses can also collaborate with Brizo FoodMetrics' dedicated Data & Insights team to integrate their internal data and create a custom tariff vulnerability index, benchmarked against an unbiased industry standard. 'Tariff volatility makes it challenging to predict costs and strategize effectively,' said Trevor Shimizu, Co-Founder & CRO at Brizo FoodMetrics. 'Armed with the right data, businesses can anticipate potential pricing shifts, assess risks, and proactively develop a plan of action.' The simulator is now available for businesses looking to respond to cost fluctuations and market volatility with greater precision. Brizo FoodMetrics remains committed to equipping businesses with the up-to-date insights needed to navigate a rapidly evolving market. Brizo FoodMetrics equips industry leaders with actionable foodservice data and insights needed to make informed decisions based on facts, not hunches. By unlocking full market visibility, scaling business growth, and streamlining workflows with granular, and up-to-date market intelligence covering over 2.1 million establishments, Brizo FoodMetrics stands at the forefront of data-driven solutions for the foodservice industry.

Aspen Medical and BlueRoom set to transform military healthcare training - Middle East Business News and Information
Aspen Medical and BlueRoom set to transform military healthcare training - Middle East Business News and Information

Mid East Info

time24-02-2025

  • Health
  • Mid East Info

Aspen Medical and BlueRoom set to transform military healthcare training - Middle East Business News and Information

Aspen Medical and BlueRoom introduce Mixed Reality (MR) simulation technology, allowing military medics and first responders to train in high-risk environment scenarios like aircraft and combat zones BlueRoom's MR technology allows trainees to practice medical procedures like IV cannulation and airway management using real equipment in dynamic, controlled environments, enhancing skill retention and readiness United Arab Emirates, Abu Dhabi, 19 February 2025 – Aspen Medical, a global leader in healthcare solutions, has partnered with BlueRoom to introduce cutting-edge Mixed Reality (MR) simulation technology into military healthcare training. By combining Aspen Medical's expertise in training and capability development with the advanced MR simulation capabilities of BlueRoom, this collaboration enables health professionals and first responders to refine critical skills and maintain operational readiness in immersive, realistic scenarios, with significant benefits in cost, productivity, and capability enhancement. 'Training in real-world military environments can be costly and logistically challenging. Our collaboration with BlueRoom allows us to bridge that gap, offering high-fidelity, scenario-based training that enhances medical competencies in a highly efficient and scalable way,' said Al Martin, Chief Partnerships Officer at Aspen Medical. 'This technology allows military medics and healthcare professionals to sharpen their skills in environments that closely replicate real-world conditions, preparing them to operate effectively under pressure.' BlueRoom's innovative MR Simulator integrates fine motor skill training with immersive decision-making scenarios. These are all set within synthetic environments of an aircraft or austere field setting. Unlike traditional simulation models, BlueRoom's MR Simulator allows trainees to use their own hands to interact with real equipment in a virtual space—eliminating the need for controllers and enhancing precision in medical procedures such as IV cannulation, airway management, and surgical interventions. 'We are thrilled to sign this agreement with Aspen Medical, another innovative Australian company, that we know will strengthen military medical training capability around the world' said Benjamin Krynski, CEO at BlueRoom. 'Aspen Medical will join our existing partner Leader Healthcare in the region whose technical, engineering and market experience will complement this initiative to bring our cutting edge capability to the end user'. Aspen Medical's military healthcare training programs have been recognized for their excellence in preparing personnel for the most demanding environments. By integrating BlueRoom's MR technology, Aspen Medical is strengthening its commitment to delivering world-class training that enhances medical readiness and operational efficiency for defense forces worldwide. This collaboration represents a new frontier in military medical training, offering a scalable, immersive solution that maximizes skill retention and preparedness in life-or-death scenarios.

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